NEWS AND COMMENTARY

News and/or Commenty on World Events.

Economic Lesson – Two – Government Statistics

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Government statistics are incorrect.  The government manipulates the statistics to make the economy look better than it really is.  For example; if the government say the unemployment rate is 10%, it is really 20%.  The same is true for inflation and other economic statistics.

Citizens would know about this government manipulation if they really thought about it.  Everybody knows prices are rising much faster than the government says.

 

Comments and referrals to this blog would be greatly appreciated.

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Written by solutions777

October 28, 2011 at 3:28 pm

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